Special Report

How Much Home You Can Buy for 200K in Every State

Source: KatarzynaBialasiewicz / iStock via Getty Images

Georgia
> Median size of a $200k house: 1,632 sq. ft. (8th largest)
> Median size of all homes 1,812 sq. ft. (3rd largest)
> Median rooms per house: 5.9 rooms (9th most — tied)
> Median home value: $202,500 (24th lowest)
> Median household income: $61,980 (22nd lowest)

Source: ejs9 / Getty Images

Hawaii
> Median size of a $200k house: 680 sq. ft. (the smallest)
> Median size of all homes 1,244 sq. ft. (the smallest)
> Median rooms per house: 4.6 rooms (the fewest)
> Median home value: $669,200 (the highest)
> Median household income: $83,102 (4th highest)

Source: vkbhat / iStock via Getty Images

Idaho
> Median size of a $200k house: 1,232 sq. ft. (14th smallest)
> Median size of all homes 1,676 sq. ft. (16th largest)
> Median rooms per house: 5.8 rooms (13th most — tied)
> Median home value: $255,200 (19th highest)
> Median household income: $60,999 (20th lowest)

Source: Alex Potemkin / E+ via Getty Images

Illinois
> Median size of a $200k house: 1,410 sq. ft. (22nd largest)
> Median size of all homes 1,490 sq. ft. (8th smallest)
> Median rooms per house: 5.6 rooms (22nd most — tied)
> Median home value: $209,100 (25th highest)
> Median household income: $69,187 (17th highest)

Source: alexeys / iStock via Getty Images

Indiana
> Median size of a $200k house: 1,671 sq. ft. (7th largest)
> Median size of all homes 1,624 sq. ft. (23rd largest)
> Median rooms per house: 5.8 rooms (13th most — tied)
> Median home value: $156,000 (7th lowest)
> Median household income: $57,603 (14th lowest)

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.